Financial Statements — CNDT
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.23 | 0.23 | 0.25 | 0.28 | 0.28 | 0.39 | 0.30 | 0.42 | 0.45 | 0.50 | 0.53 | 0.58 | 0.52 | 0.59 | 0.39 | 0.40 | 0.39 |
| Accounts Receivable | 0.34 | 0.50 | 0.49 | 0.46 | 0.48 | 0.53 | 0.52 | 0.60 | 0.61 | 0.58 | 0.59 | 0.65 | 0.68 | 0.66 | 0.70 | 0.66 | 0.66 |
| Total Current Assets | 1.10 | 1.09 | 1.15 | 1.15 | 1.19 | 1.45 | 1.35 | 1.59 | 1.54 | 1.52 | 1.56 | 1.64 | 1.60 | 1.64 | 1.51 | 1.49 | 1.55 |
| Property, Plant & Equipment | 0.15 | 0.17 | 0.19 | 0.18 | 0.18 | 0.17 | 0.18 | 0.19 | 0.24 | 0.25 | 0.26 | 0.26 | 0.26 | 0.27 | 0.27 | 0.28 | 0.28 |
| Goodwill | 0.61 | 0.61 | 0.62 | 0.62 | 0.61 | 0.64 | 0.64 | 0.64 | 0.67 | 0.97 | 0.97 | 1.29 | 1.31 | 1.34 | 1.51 | 1.52 | 1.51 |
| Intangible Assets | -- | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.08 | 0.12 | 0.15 |
| Total Non-current Assets* | 1.15 | 1.31 | 1.35 | 1.34 | 1.35 | 1.40 | 1.43 | 1.47 | 1.61 | 1.94 | 1.95 | 2.28 | 2.30 | 2.34 | 2.58 | 2.64 | 2.60 |
| Total Assets | 2.25 | 2.39 | 2.50 | 2.49 | 2.53 | 2.84 | 2.78 | 3.06 | 3.15 | 3.45 | 3.50 | 3.92 | 3.90 | 3.98 | 4.09 | 4.12 | 4.15 |
| Accounts Payable | 0.10 | 0.13 | 0.14 | 0.13 | 0.16 | 0.13 | 0.14 | 0.17 | 0.17 | 0.17 | 0.18 | 0.20 | 0.17 | 0.19 | 0.17 | 0.16 | 0.17 |
| Total Current Liabilities | 0.71 | 0.69 | 0.70 | 0.70 | 0.72 | 0.83 | 0.82 | 0.85 | 0.81 | 0.80 | 0.84 | 0.93 | 0.90 | 0.93 | 0.99 | 1.05 | 1.05 |
| Total Non-current Liabilities* | 0.87 | 0.93 | 0.94 | 0.87 | 0.86 | 0.99 | 1.06 | 1.36 | 1.58 | 1.59 | 1.59 | 1.64 | 1.64 | 1.65 | 1.78 | 1.74 | 1.80 |
| Total Liabilities | 1.58 | 1.61 | 1.64 | 1.57 | 1.59 | 1.82 | 1.88 | 2.21 | 2.38 | 2.38 | 2.43 | 2.57 | 2.53 | 2.58 | 2.77 | 2.80 | 2.84 |
| Retained Earnings | (2.77) | (2.65) | (2.58) | (2.53) | (2.49) | (2.42) | (2.54) | (2.75) | (2.85) | (2.56) | (2.55) | (2.21) | (2.22) | (2.22) | (2.31) | (2.32) | (2.33) |
| Total Stockholder Equity* | 0.67 | 0.78 | 0.72 | 0.78 | 0.80 | 0.88 | 0.75 | 0.70 | 0.62 | 0.93 | 0.93 | 1.21 | 1.23 | 1.26 | 1.18 | 1.19 | 1.17 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 0.53 | 0.72 | 0.77 | 0.77 | 0.75 | 0.75 | 0.80 | 0.81 | 0.83 | 0.92 | 0.95 | 0.93 | 0.92 | 0.92 | 0.99 | 0.98 | 0.93 | 0.97 | 1.05 | 1.04 |
| Cost of Revenue | 0.44 | 0.59 | 0.62 | 0.63 | 0.62 | 0.62 | 0.66 | 0.66 | 0.68 | 0.74 | 0.74 | 0.72 | 0.70 | 0.72 | 0.78 | 0.75 | 0.73 | 0.76 | 0.80 | 0.78 |
| Gross Profit | 0.10 | 0.14 | 0.15 | 0.14 | 0.14 | 0.13 | 0.14 | 0.15 | 0.15 | 0.19 | 0.21 | 0.21 | 0.21 | 0.20 | 0.20 | 0.14 | 0.41 | 0.21 | 0.25 | 0.26 |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General & Admin | 0.08 | 0.09 | 0.10 | 0.10 | 0.10 | 0.12 | 0.11 | 0.12 | 0.12 | 0.12 | 0.11 | 0.12 | 0.12 | 0.11 | 0.11 | 0.12 | 0.11 | 0.10 | 0.16 | 0.13 |
| Interest Expense | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Pretax Income | (0.06) | (0.03) | (0.03) | (0.04) | (0.04) | (0.06) | (0.08) | 0.16 | 0.30 | 0.13 | -0.00 | (0.31) | (0.01) | (0.01) | (0.36) | 0.02 | 0.01 | 0.21 | (0.05) | 0.02 |
| Tax Provision | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | -0.00 | (0.07) | 0.04 | 0.08 | 0.03 | (0.01) | (0.02) | 0.00 | -0.00 | (0.03) | 0.01 | 0.01 | 0.07 | (0.01) | 0.01 |
| Net Income | (0.12) | (0.03) | (0.03) | (0.05) | (0.04) | (0.05) | (0.01) | 0.12 | 0.22 | 0.10 | 0.01 | (0.29) | (0.01) | (0.01) | (0.33) | 0.02 | 0.00 | 0.14 | (0.04) | 0.01 |
| Basic EPS | (0.76) | (0.23) | (0.25) | (0.30) | (0.26) | (0.33) | (0.03) | 0.75 | 1.10 | 0.46 | 0.01 | (1.34) | (0.04) | (0.04) | (1.56) | 0.06 | (0.01) | 0.62 | (0.21) | 0.04 |
| Diluted EPS | (0.76) | (0.23) | (0.25) | (0.30) | (0.26) | (0.33) | (0.02) | 0.72 | 1.07 | 0.46 | 0.01 | (1.34) | (0.04) | (0.04) | (1.55) | 0.06 | (0.01) | 0.61 | (0.20) | 0.04 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 7.00 | (8.00) | 39.00 | (39.00) | (15.00) | (58.00) | 41.00 | (13.00) | (41.00) | (37.00) | 122.00 | (11.00) | (10.00) | (12.00) | 51.00 | 98.00 | (16.00) | 11.00 | 85.00 | 55.00 |
| Capital Expenditures | 9.00 | 9.00 | 15.00 | 15.00 | 15.00 | 14.00 | (11.00) | 8.00 | 18.00 | 13.00 | 18.00 | 13.00 | 9.00 | 11.00 | 30.00 | 11.00 | 17.00 | 34.00 | 28.00 | 13.00 |
| Free Cash Flow* | (2.00) | (17.00) | 24.00 | (54.00) | (30.00) | (72.00) | 52.00 | (21.00) | (59.00) | (50.00) | 104.00 | (24.00) | (19.00) | (23.00) | 21.00 | 87.00 | (33.00) | (23.00) | 57.00 | 42.00 |
| Investing Cash Flow | (12.00) | (14.00) | (22.00) | (21.00) | 32.00 | (17.00) | 34.00 | 208.00 | 410.00 | 143.00 | (29.00) | (22.00) | (20.00) | (22.00) | (43.00) | (26.00) | (31.00) | 273.00 | (45.00) | (28.00) |
| Financing Cash Flow | (7.00) | 30.00 | (39.00) | 30.00 | (20.00) | (10.00) | (96.00) | (100.00) | (482.00) | (199.00) | (33.00) | (16.00) | (13.00) | (19.00) | 1.00 | (11.00) | (11.00) | (110.00) | (20.00) | (25.00) |
* Derived from reported values
